The 2023 data for European Gross Fixed Capital Formation and Acquisition Less Disposals of Non-Produced Non-Financial Assets in all Environmental Protection Activities within the manufacture of rubber and plastic products shows Germany leading with significant investment of 90.3 million euros, reflecting a 2.02% increase from the previous year. France followed with 70.0 million euros, with a 1.43% rise. Belgium and Portugal reported notable growths of 5.32% and 2.42%, respectively, whereas Spain's increase was modest at 0.44%. Slovenia and Ireland also experienced positive growth trends, while Lithuania saw the highest percentage increase despite its small base value. Greece's investment remained stagnant.
Over the last five years, the Compound Annual Growth Rate (CAGR) suggests stability in these European countries, with Germany, Belgium, and Portugal showing robust growth. Future trends in Gross Fixed Capital Formation in the sector will likely focus on sustainable and environmentally friendly innovations. Investment in green technologies by industry leadership is expected to accelerate, aligning with Europe’s strong environmental policies and digitalization efforts in the manufacturing sector.
Top countries in Gross Fixed Capital Formation and Acquisition Less Disposals of Non-Produced Non-Financial Assets in All Environmental Protection Activities in Manufacture of Rubber and Plastic Products by the Business Sector by Country
| # | 9 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 90.3 | 2023 | +3.08% | +2.02% | View data |
| 2 | 2 France | 70 | 2023 | +0.29% | +1.43% | View data |
| 3 | 3 Belgium | 18.4 | 2023 | +3.95% | +5.32% | View data |
| 4 | 4 Spain | 18.3 | 2023 | 0% | +0.44% | View data |
| 5 | 5 Portugal | 13.3 | 2023 | +4.72% | +2.42% | View data |
| 6 | 6 Slovenia | 2.7 | 2023 | +3.85% | +2.38% | View data |
| 7 | 7 Ireland | 1.2 | 2023 | 0% | +1.76% | View data |
| 8 | 8 Lithuania | 0.2 | 2023 | 0% | +14.87% | View data |
| 9 | 9 Greece | 0.1 | 2023 | 0% | 0% | View data |
